Global Buttermilk Powder Market Growth 2023-2029

Global Buttermilk Powder Market Growth 2023-2029

Buttermilk powder or dry buttermilk is derived from liquid buttermilk that is obtained from churning of butter and pasteurized before condensing. Buttermilk powder is produced by spray drying buttermilk and has an excellent solubility performance, strong emulsifying properties, uniform fat content and a rich creamy flavor. By removing excess moisture from buttermilk, microbial growth is prohibited. Buttermilk powder consists of 5% or less moisture (by weight) and 4.5% or more milk fat (by weight). Higher levels of phospholipids in buttermilk powder improves the heat constancy and the creamy flavor of recombined milks and refined dairy products. Improved heat constancy assists in reducing the fouling rate of ultra-heat treated (UHT) milk formulations for recombine UHT milk uses. Functional properties of buttermilk powder includes browning, emulsification, foaming, water binding, and flavor enhancement. The average shelf life of buttermilk powder is 12 months from date of manufacture when stored in dry, ambient conditions away from direct sunlight. 

LPI (LP Information)' newest research report, the “Buttermilk Powder Industry Forecast” looks at past sales and reviews total world Buttermilk Powder sales in 2022, providing a comprehensive analysis by region and market sector of projected Buttermilk Powder sales for 2023 through 2029. With Buttermilk Powder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Buttermilk Powder industry.

This Insight Report provides a comprehensive analysis of the global Buttermilk Powder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Buttermilk Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Buttermilk Powder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Buttermilk Powder and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Buttermilk Powder.

The global Buttermilk Powder market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The major factor driving the global buttermilk market is that it provides longer shelf life due to decreased moisture content. Oxidation can be reduced by keeping a low moisture content and avoiding contact of the powder to elements that encourage oxidation including light and metals such as copper and iron. Longer shelf life is vital for regions with extreme temperatures and poor transport facilities. Reduced transportation and storing costs plays a major role in fuelling the growth of the global buttermilk powder market. The growing demand for dry dairy products is also expected to drive the market for buttermilk powder in the near future. Increasing number of buttermilk powder applications in the animal feed industry is another factor driving the market for buttermilk powder across the globe. Advanced technology and scientific breakthrough will support the growth of the global buttermilk powder market during the forecast period. 

This report presents a comprehensive overview, market shares, and growth opportunities of Buttermilk Powder market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Spray Dried Buttermilk Powder
Atmospheric Roller Dried Buttermilk Powder

Segmentation by application
Bakery and Confectionery Products
Frozen Desserts
Beverages
Specialty Foods
Soups & Sauces
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fonterra Co-Operative Group
Grain Millers
Agri-Mark
Land O’ Lakes
Dairy Farmers of America
Arion Dairy Products
Innova Food Ingredients

Key Questions Addressed in this Report

What is the 10-year outlook for the global Buttermilk Powder market?

What factors are driving Buttermilk Powder market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Buttermilk Powder market opportunities vary by end market size?

How does Buttermilk Powder break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.